Do Traders Think Signet Jewelers Ltd. (SIG) Can Keep Climbing Friday?

Overall market sentiment has been high on Signet Jewelers Ltd. (SIG) stock lately. SIG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Signet Jewelers Ltd. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SIG!

See Full SIG Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SIG Stock Today?

Signet Jewelers Ltd. (SIG) stock is up 0.79% while the S&P 500 is down -0.6% as of 12:52 PM on Friday, Sep 17. SIG is higher by $0.65 from the previous closing price of $81.80 on volume of 354,781 shares. Over the past year the S&P 500 is up 31.36% while SIG is higher by 350.55%. SIG earned $10.27 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.03. To screen for more stocks like Signet Jewelers Ltd. click here.

More About Signet Jewelers Ltd.

Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue. Click Here to get the full Stock Report for Signet Jewelers Ltd. stock.